NU
ACCT 1201 -
Multi-step income statement
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Multi step income statement NET SALES Cos of sales Cost of goods sold GROSS PROFIT Gross margin Operating Expenses Selling general and administrative Depreciation and amortization Total Operating expenses OPERATING INCOME Inters and other income expenses Interest and investment income interest expense other interest and other net EARNINGS BEFORE PROVISION FOR INCOME TAXES Provision for income taxes NET EARNINGS 74754 48912 25842 16508 1568 18076 7766 20 632 67 545 7221 2686 4 535
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